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Definition Of Covered Put Option:

covered put option A put option sold short by an investor who is short the underlying stock.
If the put is later exercised, the investor will be required to purchase the underlying stock from the holder of the put. The stock will then be used to cover the short position in the stock.

Other Definition Of Business Terms:

Covered Writer
Cpa
Cpcu
Cpi
Cqs
Craft Union

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